PNUT (Squirrel) is very consistent with technical analysis. It showed a divergence in volume and price after reaching 1.4 to 2.5. After breaking through 2.2 on November 16, the sudden massive sell-off determined its path of correction!
Now it is trying to escape the central range of 1.08-1.27. Being pulled back after trying to escape today indicates a standoff between bulls and bears. The main players are likely to attempt another breakout today, and we can position ourselves near 1.18 to escape around 1.5!
